Key Insights:
- SpaceX (SPCX) stock price rose over 3% on Monday, with a renowned analyst maintaining its $225 target.
- SpaceX will report third-quarter earnings after the market closes on October 20.
- Elon Musk pledged one SpaceX share to every child in the US next year.
The SPCX stock price has added more than 3% during Monday’s session as investors prepared for SpaceX earnings and weighed an analyst call. Notably, the overall telecommunications services sector rose 1.52%.
Early trading saw shares between $147.78 and $150.44, up from Friday’s $146.03 close. Amid this, RBC Capital Markets kept a $225 price target for SpaceX stock before Tuesday’s report.
Elon Musk also said he plans to give every child in America one of his SpaceX shares next year. Both announcements came as SpaceX stock traded below its June intraday high of $225.64.
Besides, it’s worth noting that earlier this year, Musk has also remained bullish on the AI-led revenue for the firm.
RBC Keeps $225 SPCX Stock Price Target Ahead of Q3 Results
RBC analyst Kenneth Herbert reiterated an Outperform rating with a $225 target for the SPCX stock price. Market commentator Hardik Shah, posting as AIStockSavvy on X, relayed the call on Monday.
RBC maintained its existing target for SpaceX stock, which stood roughly 50% above the current level of $150. Besides, the target also comes just ahead of SpaceX earnings, scheduled for Tuesday.
Herbert expects management to discuss growth plans when results arrive. He singled out the recent agreement to purchase 800 MHz of spectrum for Starlink Mobile and upcoming capital spending decisions. He also noted regulatory approval for a 15,000-satellite Gen2 constellation. The analyst believes an improved network could allow higher connectivity prices.
Herbert also flagged Starship development as a factor for the SPCX stock price. He identified Flight 15, tentatively planned for mid-November, as a potential reusability milestone. Details on that flight, or on Flight 14, could affect sentiment. Investors are also watching talk of a possible Tesla tie-up. Neither company has announced such a deal.
However, the price targets are based on the analyst and are for informational purposes only, and not financial advice. Investors should exercise due diligence, given the ongoing volatile scenario in the financial markets, and may seek assistance from a professional while making their investment decision.
SpaceX Earnings Put Revenue Growth and AI Spending in Focus
SpaceX says it will publish third-quarter results after the market closes on October 20, followed by a management webcast. This will be its second quarterly release since going public in June.
The SPCX stock price advance comes before analysts see the new numbers. The consensus calls for $12.87 billion in revenue and earnings of $0.14 per share.
In the second quarter, SpaceX recorded $7.81 billion in revenue, up 91.9% from a year earlier. Its SEC filing put Connectivity revenue at $4.29 billion and AI revenue at $2.56 billion.
That growth came alongside a $541 million net loss and $18.37 billion in quarterly capital expenditure. AI accounted for $15.83 billion of the spending. Investors will have fresh figures for revenue and infrastructure costs when SpaceX earnings arrive.
The SPCX stock price could swing sharply after the report. Options pricing points to a possible 7.5% move either way by week’s end. From roughly $150, that suggests prices around $139 to $162. The range reflects options pricing, while RBC’s $225 target has a longer horizon.
Elon Musk Share Pledge Adds to SPCX Stock Price Headlines
Elon Musk wrote on X that he would give one of his SpaceX (SPCX) shares to every child in America next year. He called the planned distribution the first of many. The original post did not set an age cutoff or explain the transfer process.
The US had about 72 million children under 18 in July 2025, according to the Census Bureau. At Friday’s $146.03 closing price, that number of shares would be worth about $10.5 billion.
The eventual value depends on the recipient count and share price. Musk later pointed to Trump Accounts but did not publish detailed distribution terms.
The SPCX stock price rose during the same session, but trading data cannot isolate the pledge’s effect. The technical readings show mixed signals, with a relative strength index of 47 and a negative MACD reading of minus 3.
